Commodity Tax Reforms In A Many Consumers Economy: A Viable Decision-Making Procedure
This paper deals with efficiency and distributional effects of marginal commodity tax reforms in economies with heterogeneous individuals. It contributes to the literature in three ways. First, a decision rule based on revenue potentialities – the ratio between marginal revenue and the tax base - is originally developed with reference to a many consumers economy. The relevance lies in the fact that these indicators do not depend on measures of utility. Second, the connection with former literature is analyzed. Third, a comprehensive and progressive decision-making procedure relying on revenue potentialities is defined. Overall, all that policy makers need to know – in order to look for improvements in efficiency and/or distribution through revenue-neutral marginal commodity tax reforms – is the revenue potentiality of each tax and the share of expenditure by poor families. An example with reference to Italian data is provided.
|Date of creation:||10 Jan 2006|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +61 (0) 2 9385 9333
Fax: +61 (0) 2 9385 9380
Web page: http://www.atax.unsw.edu.au
More information through EDIRC
|Order Information:||Web: http://www.atax.unsw.edu.au/research|
When requesting a correction, please mention this item's handle: RePEc:nsw:discus:321. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Research Assistant)The email address of this maintainer does not seem to be valid anymore. Please ask Research Assistant to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.